Investors Don’t Like Asset Managers’ Annuity Businesses
September 30, 2025 by Allison Bell
Buying annuity issuers makes asset managers bigger, but it may not make them more profitable, and the investors who invest in their stock seem skeptical.
Four researchers — Alexander Cheema-Fox, Megan Czasonis, Piyush Kontu and George Serafeim — have published those conclusions in a working paper distributed through the Harvard Business School accounting and management unit.
Originally Posted at Think Advisor on Sep 29, 2025 by Allison Bell.
Categories: Industry Articles
